It is. There is no other law about cookies.
This shall not prevent any technical storage or access for the sole purpose
of carrying out the transmission of a communication over an electronic
communications network, or as strictly necessary in order for the provider
of an information society service explicitly requested by the subscriber or
user to provide the service.
English version of the response from the EU court:https://curia.europa.eu/juris/document/document.jsf?docid=21...
Part of this case at the german 'Bundesgerichtshof'.
https://www.bundesgerichtshof.de/SharedDocs/Pressemitteilung...